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Saratoga InvestmentFRA:QJ8 -0.63%42 Net Margin % is 144.97% as of May. 2026, which is 105% above its 10-year median of 70.61. GuruFocus rates FRA:QJ8 with a GF Score™ of 42/100 and a GF Value™ of €11.32 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,567 Asset Management companies, Saratoga Investment ranks worse than 62.03% on this metric.
Saratoga Investment (FRA:QJ8) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Saratoga Investment Net Margin % Related Terms
Saratoga Investment Net Margin % Historical Data
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The historical data trend for Saratoga Investment's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Saratoga Investment's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Saratoga Investment Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Saratoga Investment's Net Margin % distribution charts can be found below:
* The bar in red indicates where Saratoga Investment's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Saratoga Investment (FRA:QJ8) has a Net Margin % of 144.97% as of May. 2026. Net margin is the ratio of total net income to net sales. View historical data on Saratoga Investment and its competitors. This is 105% above median its historical median of 70.61. Over the past decade, Saratoga Investment's Net Margin % has ranged from 43.87 to 87.63. According to the industry distribution chart, Saratoga Investment ranks #972 out of 1567 companies in the Asset Management industry, placing it in the top 62%.
Is Saratoga Investment's Net Margin % too high?
Saratoga Investment's current Net Margin % of 144.97% is 105% above median its 10-year median of 70.61. Over the past 10 years, this metric has ranged from a low of 43.87 to a high of 87.63. The Asset Management industry median Net Margin % is 85.70. Saratoga Investment's value of 144.97% is 69.2% above this industry median. Based on the distribution chart, Saratoga Investment ranks #972 out of 1567 companies in the Asset Management industry, which is below the industry midpoint. Overall, Saratoga Investment has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saratoga Investment's Net Margin % compare to RIV and TEI?
According to the Asset Management industry distribution chart, Saratoga Investment ranks #972 out of 1567 companies for Net Margin %. This places Saratoga Investment in the lower half of its industry. The industry median Net Margin % is 85.70. Saratoga Investment's value of 144.97% is 69.2% above this benchmark. Historically, Saratoga Investment's own Net Margin % has ranged from 43.87 to 87.63 over the past decade. While the company's 10-year median is 70.61 vs. the industry median of 85.70, Saratoga Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.70, based on 1,567 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saratoga Investment's current Net Margin % of 144.97% is 69.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Saratoga Investment and its competitors. For the Asset Management industry, the median Net Margin % is 85.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratoga Investment's current Net Margin % is 144.97%, which is 105% above median its own 10-year median of 70.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratoga Investment stock overvalued right now?
Based on GuruFocus' analysis, Saratoga Investment (FRA:QJ8) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.32, compared to a current price of €15.70 — trading 38.7% above its estimated fair value. The current Net Margin % is 144.97%, which is 105% above median its 10-year median of 70.61 and 69.2% above the Asset Management industry median of 85.70. Saratoga Investment's overall GF Score™ is 42/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Saratoga Investment (FRA:QJ8), the current Net Margin % is 144.97% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Saratoga Investment (FRA:QJ8) Overvalued in 2026?
Based on GuruFocus' analysis, Saratoga Investment stock appears to be overvalued.
The current stock price of €15.70 is trading 38.7% above its estimated GF Value™ of €11.32.
GuruFocus considers Saratoga Investment to be Significantly Overvalued.
Key valuation signals for FRA:QJ8:
Net Margin %: 144.97% (105% above median its 10-year median of 70.61)
GF Value™: €11.32 vs. price of €15.70 (38.7% above fair value)
Industry Position: 69.2% above the Asset Management median (#972 of 1567)
No single metric tells the full story. See the FRA:QJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The company invests in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments.
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